DPD promotes the comprehensive growth and sustainability of the City and its neighborhoods
Peterson/Cicero TIF
Designation: 2000 Expiration: 2022
The Peterson/Cicero TIF district was designated to foster the mixed-use redevelopment of a five-acre site on the northwest corner of Peterson and Cicero avenues. Located adjacent to I-94 within the Forest Glen community, the land was for many years occupied by a service station, motel and car wash. The TIF was created to facilitate the site's assembly and preparation for new retail uses, mixed-income housing and off-street parking. Funds are also targeted for leasehold improvements, job training, day care, and relocation assistance.